1011 West LA CADENA Drive, Riverside, CA 92501 listing details

SOLD FOR LOT VALUE FOR POSSIBLE FUTURE DEVELOPMENT: This includes 1011 West La Cadena Drive (APN = 201-122-001, which is 1.42 Acres) AND 997 West La Cadena Drive (APN = 246-251-001, which is 32,234 sqft), which are side by side lots, making the TOTAL LOT SIZE A NEAR FLAT 2.16 ACRES with 149 Feet of West La Cadena Frontage and approximate 635 foot depth. Subject property is presently known as 'Palm Trailer Court' with a total of 30 spaces of which 10 spaces are with tenants on site, with their 10 respective excluded Mobile Homes. Tenants are on a Month to Month Tenancy, with a combined total monthly rental income of $2,400.00. There is also an unoccupied 2 Bedroom One Bath Single Family Residence with fireplace, a Detached Two Car Garage, a Small Laundry Room combo Storage Building and a One Bedroom One Bath Trailer that will be sold with the property. Subject property can be delivered with Existing Tenants while buyer gets Plans and Permits in order for redevelopment or it can be delivered Tenant Free at Close of Escrow. Sold 'AS-IS-PRESENT-CONDITION', Seller will NOT carry paper (no seller financing), buyer responsible for Termite Report and Clearance if so desired. Enormous Potential & Great Freeway Exposure !!